Diversifying Investments in Pink Diamonds
World economists always uses the scarcity theory to gauge the value of commodities. Diamond being a scarce commodity to find it has always attracted high valuation more than any other precious mineral in the entire universe.
There are two major types of diamond in the world, and this includes diamonds from Argyle mine and the diamonds from the rest of the world. The Pink stones are precious stones that are very scarcity for that matter its fetch market in entire world.
The diamonds from Argyle are in three forms fancy pink, red diamonds, and fancy intensive pink, it is always a common phrase that diamonds are a girl’s best friend, this phrase literally tries to depict the importance and value of diamonds to the people we treasure the most and because we live in a society that is driven by affection that is purely expressed through love diamonds have found a place in our lives, it’s always an exciting feeling to reward or to be remunerated with a diamond gift.
The preciousness and the scarcity coupled with its magnificent view has made it be more demanded in our generation thus the prices of diamond has remained steadily or attracted.
The market evaluation on minerals during the financial meltdown that was caused by sub- prime mortgages and the excessive leverage on the derivatives everybody who chooses to invest in the diamonds before the financial collapse was lucky to earn more returns when the financial system stabilized Thus people should try to diversify their investment by choosing to invest in the quality pink diamonds.
One major issue that makes diamonds to be superior to Gold is because of its weight, gold is very heavy and at times not it can be cumbersome to carry it from one destination to the other, but diamond weighs less, and it’s worth a lot of money more than gold.
Once the crystals are obtained they are the value is added to each shareholders equity, the second way to invest in the diamond business is through offshore accounts.
The third form of diamond investment is through accountancy investment pegging money on the diamond.